The action pole, which faces the death penalty in its prison, decreased to 30 years in the case of money laundering in Vietnam, worth $ 17 billion

The Vietnamese real estate man, who was imprisoned for a lifetime of money, was worth $ 17 billion, had reduced the prison sentence for 30 years after Monday, after it claimed what happened was a “accident”.

Property developer Truong Lan She had already lost a challenge against the death penalty in a separate case in which it was convicted in April of last year by stealing funds from Sigon Commercial Bank (SCB) and fraud, which amounted to $ 27 billion.

The Court of Appeal ruled that there was no basis for limiting its punishment, but it said it It is still possible to escape the death penalty If three quarters of the stolen assets are returned. This means that it is still able to avoid implementation if it returns 9 billion dollars, or three quarters of the 12 billion dollars that mixed with it, BBC mentioned.

Four months later, the Appeal Court in the city of Hoshi Minh ruled on Monday that a life sentence will be reduced for three crimes during a second trial in October to 30 years.

“LAN played the main role … (but) we also take into account the amount of money that LAN has spent over the consequences,” Judge Fam Kong Mooy said in the wake of discussions during the appeal on how to use its assets to compensate for its crimes.

The prosecutors said that it had paid a quarter of $ 1.2 billion from thousands of bond investors.

“The total value of her pregnant women actually exceeds the amount of compensation required,” Lawyer Ngwin Hui Thib told the BBC before rejecting her appeal. “However, this requires time and effort for sale, as many assets are real estate and take time to filter.

Lan Chu Lab Ko’s husband did not resume, but the jury concluded that the two -year prison sentence should be reduced by half after it prevailed at $ 1.2 million.

With her last words before the court last week, Lan described what happened as a “accident.”

It quoted the government media: “Since he was imprisoned, I have done my best … to search for the best solutions to (deal with my projects and property).”

“Please admit my efforts,” she added.

The court decided that it was the “mastermind”

The 68 -year -old was convicted in October for washing $ 17.7 billion and illegal trafficking across the border of $ 4.5 billion.

She was also convicted of fraud in bonds.

During the trial, the court decided that LAN was “the mastermind, committed the crime in advanced ways, often, causing severe consequences in particular.”

During its first trial in April 2024, LAN was convicted of $ 12.5 billion, but the prosecutors said that the damage caused by fraud amounted to 27 billion dollars – equivalent to about six percent of the 2023 GDP in Vietnam.

LAN owns only five percent of SCB shares on paper, but the court concluded that it effectively controlled more than 90 percent through family, friends and employees.

Tens of thousands of people who invested their savings in the bank lost money, which prompted rare protests in the Communist nation.

During her trial, LAN was sometimes challenges, but in recent listening sessions to appeal against the ruling, she was more competitive, BBC mentioned. She said that she was ashamed to be such drainage on the state, and that her only thought was to pay what she took.

She said in November, adding that she was very embarrassed to accuse this crime.